PHE Powerhouse Energy Group Plc

 
TIDMPHE 
 
PowerHouse Energy Group plc 
 
                        ("PowerHouse" or the "Company") 
 
                                Issue of Equity 
 
Further to the announcement on 28 April 2016, PowerHouse (AIM: PHE) announces 
that it will shortly issue 90,932,961 Ordinary Shares of 0.5 pence each 
("Ordinary Shares") to Renewme Limited ("Renewme") in full and final settlement 
of amounts asserted by Renewme. This issue of Ordinary Shares will release the 
Company from any and all previously disputed issues with Renweme. 
 
PowerHouse will apply for these 90,932,961 Ordinary Shares to be admitted to 
trading on AIM and it is anticipated that trading in such shares will commence 
on 12 May 2016. 
 
The total number of Ordinary Shares in issue following the issue of these new 
Ordinary Shares will be 569,472,998. 
 
PowerHouse has no shares in Treasury, therefore this figure may be used by 
Shareholders, from Admission, as the denominator for the calculations by which 
they will determine if they are required to notify their interest in, or a 
change in their interest in, the share capital of the Company under the FCA's 
 Disclosure and Transparency Rules. 
 
For additional information please contact: 
 
PowerHouse Energy Group plc            +1 352 359 0911 
 
Keith Allaun 
 
WH Ireland Limited (Nominated Adviser) +44 (0) 20 7220 1677 
 
James Joyce / James Bavister 
 
Vicarage Capital Limited (Joint 
Broker) 
 
Jeremy Woodgate                        +44 (0) 20 3651 2910 
 
 
 
END 
 

(END) Dow Jones Newswires

May 05, 2016 09:37 ET (13:37 GMT)

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